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CHIEF executives and economists of some of SA's top listed firms say it is too early to give the all-clear for the economy, and recovery from its first recession in 17 years could be slow.
PLATINUM prices are expected to hit highs of 1550/oz in the next six months as the global demand for the precious metal recovers, according to the latest Platinum Review released yesterday by global refiner Johnson Matthey.
LAST week, the mostly cash retail chain Mr Price published its results for the six months ended September 30 this year. In an extremely poor trading environment, the group's total retail sales rose by 4,7% half- year on half-year and headline earnings per share increased by 15,1%. Delving into my archived files, I reread the two Forecast Factory columns in which I had discussed the company's ...
THE Blue Ink All South African Hedge Fund Composite, which tracks about 100 hedge funds in SA, increased 11,79% for the 12-month period to end-September, while the FTSE/JSE a ll s hare i ndex rose 7,7% for the period.
THE net worth of SA's most wealthy individuals halved in two years to R58,5bn last year , mainly because they had begun looking for ways to streamline costs as a result of the recession.
FINANCE Minister Pravin Gordhan told representatives of SA's creative industry yesterday not to rely on the government to bail out the struggling sector, saying the state had less money to spend because of the recession.
SA's gold output was 4,8% higher in the third quarter than in the second, but 2,9% down on the previous third quarter's, the Chamber of Mines said yesterday.
THE Reserve Bank kept interest rates steady yesterday as expected with new governor Gill Marcus highlighting the role global events play in SA's tentative economic recovery.
AFTER 31 years of service as SA's polar research vessel, the SA Agulhas is due for retirement by 2012, it was announced in Cape Town yesterday.
THE Johannesburg Roads Agency yesterday said budget cuts had forced it to scale back some road projects and "reprioritise" others in the country's richest city, which is battling with backlogs on capital projects and maintenance.
Rail commuters wanting to travel by train after 3pm over weekends will have to find other transport as Metrorail is doing maintenance work on its fleet in preparation for the World Cup next year.
TRADING on the Zimbabwe Stock Exchange opened the week bearish with the key industrial index shedding 2,54 percent to close at 159.94 points due to profit taking.
THE Grain Marketing Board has raised US$1,6 million through grain bills issued last week to finance grain purchases.
DEBATE on the Reserve Bank of Zimbabwe Amendment Bill in the House of Assembly was yesterday postponed to allow further consultations on the prospective legislation.
HARARE Municipal Police have downed tools in protest over management's "indifference" towards their colleague who was arrested on allegations of killing a vendor last week.
THE road tolls are starting to produce some serious money for highway maintenance with US$3,1 million taken since they started being collected in August this year.
THE Reserve Bank's new governor, Gill Marcus, made clear yesterday that she would not cave in to political pressure on interest rates, although she will be more consensual than her predecessor in making decisions.
The Financial Services Board (FSB) is involved in continuing legal battles concerning between R1bn and R2bn in pension fund surpluses which some employers are refusing to apportion in accordance with legal requirements.
MTN South Africa, has advanced strategies to reduce its permanent and temporary workforce as a result of the decline in the economic environment.
Dimension Data reports revenue of $4.0 billion which is up up by just under half a percent in the year ending September 2009.
CLIENTS of Telecom Namibia's Mobile Broadband deal have come to a shocking realisation - what it actually costs to download data from the Internet.
The South African Reserve Bank's Monetary Policy Committee (MPC) has decided to revert back to holding bi-monthly meetings as of next year.
The Reserve Bank's new governor, Gill Marcus, has delivered her first Monetary Policy Committee (MPC) decision on the repo rate, putting her unique stamp on the regular briefing.
An international company, Teleperformance, is to set up two contact centres in Cape Town, which are expected to create 2000 jobs by 2012.
Illegal crossings along the Mpumalanga international borderline is a major security concern for South Africa, says Community Safety, Security and Liaison MEC Sibongile Manana.
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